Scalper1 News
E-commerce company Shopify on Thursday provided some much-needed oxygen to the IPO market with a soaring debut. Shopify (SHOP) offered 7.7 million shares at 17, above its expected range of 14 to 16, raising $131 million. The stock closed at 25.68, up 51%, and has a market valuation near $2 billion. Shopify provides a cloud-based e-commerce platform that businesses use to build websites and sell goods online and across multiple Scalper1 News
Scalper1 News